Remote and Multi-State Payroll Compliance
Trudging to the office is so … 20th century. These days, anyone can work from anywhere. And working from home is key to maintaining productivity during the coronavirus crisis. But these technological advances carry huge risks for your payroll operations when employees work across state lines – even on a temporary, emergency or travel basis.
Why? Employees who work remotely (even once in a while) can unintentionally trigger payroll obligations in states near and far from your corporate offices. Likewise, employees who travel often leave behind a trail of tax liabilities for them … and you. And, in addition to payroll obligations, you could face corporate, excise and unemployment taxes, too.
Even worse: States are making a big push to tax nonresidents, especially nonresident employers who have employees in their states. It's easy money for state treasuries – and a surprise liability for you!
Don't get caught unprepared and out of compliance.
Spend 75 minutes to do a thorough check-up of your multi-state payroll compliance for 2020. You could save thousands of dollars in taxes and penalties – and a career black eye. Discover several strategies for addressing these challenges head-on, specifically:
- How to apply the 3 key issues of multi-state income taxation – nexus, domicile and residency – to your company's advantage. Take one of these away, and you could be off the hook for personal and corporate income taxes.
- Which states use the “convenience of the employer” test to determine liability for state taxes and whether any of them will waive this rule for employees who are forced to work at home due to recent events.
- The 4 tests for deciding unemployment coverage. Deciding which state's unemployment taxes you're liable for can be tricky, especially for employees who work remotely or travel often.
- Reciprocity and "courtesy withholding": advantages and pitfalls. Some states have agreements that allow you to withhold income taxes for employees' states of residence. Your employees may like that, but it can open your company to the full array of state taxes.
- How to calculate income taxes for employees who travel frequently to different states. It's important to know the 3 basic formulas for allocating employees' taxes among the states in which they work.
If your payroll process was on "autopilot" before, it's time for a compliance reset.
States, like the IRS, are unforgiving. And even if you farm out payroll to a third party, states will always hold YOU responsible for any mistakes – so it's YOUR job to guarantee compliance. Get your copy of Remote & Multi-State Payroll Compliance now!
Sincerely,
Pat DiDomenico, Editorial Director
Payroll Legal Alert
P.S. Your satisfaction is unconditionally guaranteed. If Remote & Multi-State Payroll Compliance fails to meet your needs, we will refund every penny you paid – no hassles, no questions asked.
Remote & Multi-State Payroll Compliance
About Your Speaker:
Alice Gilman, Esq., is an expert in payroll and tax compliance who has covered payroll issues for more than 26 years. She's written and edited several leading payroll publications, including Payroll Legal Alert, the Research Institute of America's Payroll Guide, the American Payroll Association's Basic Guide to Payroll and the Payroll Manager's Letter.
Credit Hours:
The use of this official seal confirms that this Activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.
This program is valid for 1.25 PDCs for the SHRM-CP® or SHRM-SCP®.